European Union

The European Union is a political and economic union of 27 member states that are located primarily in Europe. Its members have a combined area of 4,233,255.3 km² and an estimated total population of about 447 million.

Source: europa.eu

RevoluPAY Now Licensed To Provide Services In Every EU Country

RevoluPAY Now Licensed To Provide Services In Every EU Country
RevoluPAY Now Licensed To Provide Services In Every EU Country
May 25, 2020  |  B2B Payments

Payment app RevoluPAY, a subsidiary of RevoluGROUP, can now offer B2B payments services in all 27 European Union (EU) member countries with its newly acquired...

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EU Looks For Feedback In Regulating Tech Giants
EU Looks For Feedback In Regulating Tech Giants
May 20, 2020  |  Regulation

European Union (EU) regulators want feedback from users and digital service providers before they craft new rules that could manage giant tech firms Google, Facebook,...

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How TIPS Is Helping ECB Expand Its Real-Time Payments Reach
How TIPS Is Helping ECB Expand Its Real-Time Payments Reach
May 20, 2020  |  Faster Payments

Sweden recently became the first nation outside the eurozone to join TIPS, the European Central Bank’s real-time payment platform — setting the stage for other...

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EU Says Tourism Sector Could Slide 70 Pct. From COVID-19
EU Says Tourism Sector Could Slide 70 Pct. From COVID-19
April 21, 2020  |  International

Europe’s $849 billion annual tourist industry is taking a beating as visitors heed stay-at-home orders around the globe amid the COVID-19 pandemic. Get the Full...

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Thierry Breton Says EU Needs $1.7T For COVID-19 Relief 
Thierry Breton Says EU Needs $1.7T For COVID-19 Relief 
April 21, 2020  |  Coronavirus

A $1.7 trillion relief package will likely be necessary to help the European Union economically rebound from the coronavirus pandemic, the EU’s industry chief Thierry...

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France’s Macron Pushes Financial Unity During Pandemic
France’s Macron Pushes Financial Unity During Pandemic
April 16, 2020  |  Economy

French president Emmanuel Macron has warned that the European Union (EU) is likely to fail in its goals as a “political project” if the group...

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EU Cautions Members To Lift Lockdowns Gradually
EU Cautions Members To Lift Lockdowns Gradually
April 15, 2020  |  Coronavirus

The European Union’s advice for countries looking to reopen as the coronavirus seems to be slowing is to do so in a controlled, cautious manner,...

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Germany To Reopen Some Shops, Schools Next Week
Germany To Reopen Some Shops, Schools Next Week
April 15, 2020  |  Economy

Germany is planning to allow some shops to reopen next week in the wake of the coronavirus pandemic, according to a Reuters report. Get the...

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Pandemic Set To Further Erode EU Banks’ Profitability
Pandemic Set To Further Erode EU Banks’ Profitability
April 14, 2020  |  Banking

The European Union (EU) has enough liquidity to stay afloat during COVID-19, but profitability could sink as the pandemic worsens, according to the European Banking...

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